Selling property to non-EU citizens who pay much more than the market price
Jul 21, 2003 1 Replies
J
John Greenstock
I am seeling one of my properties. I have recieved an offer from an individual who is not a EU citizen.
Her offer is substantially more than what other prospective cleints are willing to pay me.
I was wondering whether, I am allowed to sell the property to non-EU citizens or not.
Please advise. Thank you.
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S
Stephen GoldenGun
There is absoutely no law that stops you selling your property to anybody who wishes to purchase it. This is not your concern, if their is a problem it would be sorted out with the lawyers. Further more, "right to reside or right to travel" in the UK is unrelated to owning a property. By the same token you may own property in the USA or Canada or Australia, but if you wish to live their all year you would need separate visas.
I am not a lawyer, but your lawyer who is handing your house sale will answer you this question clearly and swiftly...although I am 100% sure their is no problem with this.
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